AIG's most recent trend suggests a bullish bias. One trading opportunity on AIG is a Bull Put Spread using a strike $27.00 short put and a strike $22.00 long put offers a potential 7.76% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $27.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $22.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for AIG is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for AIG is bullish.
The RSI indicator is at 74.29 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for AIG
Top Materials Stocks for October 2020
Tue, 29 Sep 2020 19:20:01 +0000
The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across a broad range of sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals. Prominent names include Ecolab Inc. (ECL), Air Products and Chemicals Inc. (APD), and DuPont de Nemours Inc. (DD).
Hedge Funds Keep Selling American International Group Inc (AIG)
Tue, 08 Sep 2020 19:41:18 +0000
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
Newmont Achieves Gender Parity for Non-Executive Directors
Tue, 08 Sep 2020 12:45:00 +0000
Newmont Achieves Gender Parity for Non-Executive Directors
15 Affordable Stocks With Earnings Growth on the Way
Sat, 05 Sep 2020 10:00:00 +0000
Some S&P 500 stocks are expected to see earnings growth in the third quarter. That could give those names a year-end boost.
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Fri, 04 Sep 2020 22:20:13 +0000
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